Short-term Bitcoin can pay attention to the support near 113000 and the resistance at 113500. Currently, both sides have similar strength in this range. If it breaks upwards, it may move towards 114000, but if it continues to struggle, the oscillation time may extend.
Ethereum's volatility has decreased, and it is currently consolidating at a low level. The key is to watch the support at 4110 and the resistance at 4160. If this range is broken, it may lead to a directional move. Before it breaks, be cautious of the potential for a one-sided trend.
Overall, both are oscillating at low levels. In terms of operation, one can observe whether the boundary of the range can be broken. Before it breaks, it is suitable to sell at high points and buy at low points within the range, and try to avoid chasing highs and cutting losses.
Bitcoin's daily line has already moved out of the 3000 point entity, and the momentum is indeed strong. It is currently in a low-level oscillation after a spike, with the rebound getting weaker. Occasionally, a few hundred points rebound is quickly suppressed by bears. A bearish trend has formed, and it is highly likely to test the support at the 110000 level.
In the early session, one can continue to look bearish, and be sure to manage stop losses.
Operational suggestion:
Short Bitcoin around 113000-113500, targeting 112000-111500.
Short Ethereum around 4100-4110, targeting 4050-4030.
